Fourth tender to sell assets of solar cell maker unsuccessful - paper

MTI – Econews

Thursday, October 13, 2011, 12:50

The fourth attempt to sell the assets of solar cell maker HelioGrid Magyarország (Rétság, N Hungary) has been declared unsuccessful, and it is now certain that solar cell production will not be resumed at the plant, business daily Napi Gazdaság said on Thursday.

Liquidator Miklós Balázs told the paper that the fourth tender proved unsuccessful although there were several interested applicants and negotiations were held as well, with foreign and Hungarian companies, but finally none of these submitted a bid.

The property housing the plant is owned by TDK, HelioGrid was only leasing it, and will now remain owned by TDK.

The liquidator will go on to sell the moveable assets, estimated to be worth HUF 40m-50m, the paper said.

Related articles

Global solar power solutions and services company, Photon Energy, announced that it has closed a long-term non-recourse project financing agreement for its 11.5 MWp proprietary PV power plant portfolio in Hungary, according to a press release sent to the Budapest Business Journal.

Ford Hungary has announced the appointment of András Nagy as its commercial director, starting January 1, taking over a position previously held by Attila Dalos, who moves on to a global planning role, the company told the Budapest Business Journal.

The volume of retail sales grew by 5.3% in November 2018 according to raw data, and by 5.2% when adjusted for calendar effects, compared to November 2017, according to a flash estimate of monthly data published today by the Central Statistical Office (KSH).

Sales of U.S. carmaker Ford in Hungary were up 20% in 2018 compared to 2017 and the company expects sales growth to continue this year, Viktor Szamosi, executive director for Fordʼs Hungarian unit, said at a press conference on Friday.

New passenger car sales in Hungary rose 17.5% to 136,601 last year, according to data from Carinfo.hu cited by state news wire MTI, based on figures compiled by DataHouse. Alone in the month of December, new passenger car sales fell 10.6% year-on-year to 9,685.

Hungaryʼs government will call a new tender for the upgrade of the Hungarian stretch of the Budapest-Belgrade railway line because of a 10% increase in the estimated cost of the project, state news wire MTI reported on Wednesday.